Question: Document2 View 20 T AaBbCcDdEe Aa BbccDdEe AaBbCcDc AaB+CcDde Aa Normal No Spacing Heading 1 Heading 2 for Updates. To support construction of a new

Document2 View 20 T AaBbCcDdEe Aa BbccDdEe AaBbCcDc AaB+CcDde Aa Normal No Spacing Heading 1 Heading 2 for Updates. To support construction of a new facility. you borrow $10 million at 8% for five years. Interest is paid annually. Construction takes 2 years. You temporarily invested the loan proceeds for the first 2 years, and earned $250,000 each year. How much interest can you capitalize, according to IFRS? What can you capitalize under US GAAP

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